Analysis By Service (Voice Termination, Interconnect Billing, and Fraud Management), Transmission Network (Owned Network and Leased Network), and Technology (VoIP and Traditional Switching)
No. of Pages:107
Report Code:
TIPRE00026790
Category:
Technology, Media and Telecommunications
Middle East and Africa Wholesale Voice Carrier Market
The wholesale voice carrier market in Middle East & Africa is expected to grow from US$ 1,979.67 million in 2021 to US$ 2,667.37 million by 2028; it is estimated to grow at a CAGR of 4.4% from 2021 to 2028.
VoIP call can be easily carried out through smartphones by two methods—by apps such as Skype and through the use of Session Internet Protocol (SIP). Supporting telecom infrastructure and enhancing knowledge of customers toward digitalization are factors driving the adoption rate of smartphones. Internet services are increasing in every nation as these are becoming essential requirement for communication. Smartphone is becoming a necessity for developed nations, while in developing nations it is growing at an unprecedented rate. Increasing per capita income in developing countries is driving the VoIP adoption through smartphone devices. A device with strong internet connection and supporting software platform can make international and domestic calls through VoIP. Innovation in calling apps with high quality voice apps is enlightening the VoIP service quality. The VoIP supporting apps such as Skype, Google, Viber, and Vonage are playing major role in the growth overall wholesale voice carrier market. Rising mobile internet users and devices/connections per capita are supporting factors for the market growth. Rising adoption of smartphones and internet connecting devices is a major supporting factor for VoIP call services, which, in turn, augments the market growth.
South Africa has the largest number of COVID-19 cases in the Middle East & Africa, followed by Saudi Arabia and the UAE. The Middle East & Africa region is majorly focused on the oil & gas industry, as the industry had declined growth it affected the international operation. Governments have taken initiatives to promote other businesses to support the economy, helping the market grow. To support the businesses in pandemic government also provided support in many countries for VoIP services. For instance, in March 2020, UAE & Oman lifted the ban on internet calling (VoIP) apps such as Zoom and Skype, which was imposed before lockdown. Further, during the ongoing COVID-19 pandemic, the wholesale voice carrier services have gained traction since subscribers are making long-duration calls frequently. There has been an increase in the duration of voice call sessions during the lockdown phase. This has driven the adoption of wholesale voice carrier services as telecom companies ensure the proper handling of the unprecedented amount of call traffic.
The List of Companies - Middle East and Africa Wholesale Voice Carrier Market
AT&T Inc.
BICS
BT Group
DEUTSCHE TELEKOM AG
Lumen Technologies
ORANGE S.A.
Tata communication
Frequently Asked Questions
How big is the Middle East and Africa Wholesale Voice Carrier Market?
The Middle East and Africa Wholesale Voice Carrier Market is valued at US$ 1,979.67 Million in 2021, it is projected to reach US$ 2,667.37 Million by 2028.
What is the CAGR for Middle East and Africa Wholesale Voice Carrier Market by (2021 - 2028)?
As per our report Middle East and Africa Wholesale Voice Carrier Market, the market size is valued at US$ 1,979.67 Million in 2021, projecting it to reach US$ 2,667.37 Million by 2028. This translates to a CAGR of approximately 4.4% during the forecast period.
What segments are covered in this report?
The Middle East and Africa Wholesale Voice Carrier Market report typically cover these key segments-
Service (Voice Termination, Interconnect Billing, Fraud Management)
What is the historic period, base year, and forecast period taken for Middle East and Africa Wholesale Voice Carrier Market?
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East and Africa Wholesale Voice Carrier Market report:
Historic Period : 2019-2020
Base Year : 2021
Forecast Period : 2022-2028
Who are the major players in Middle East and Africa Wholesale Voice Carrier Market?
The Middle East and Africa Wholesale Voice Carrier Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
AT&T Inc.
BICS
BT Group
DEUTSCHE TELEKOM AG
Lumen Technologies
ORANGE S.A.
Tata communication
Who should buy this report?
The Middle East and Africa Wholesale Voice Carrier Market report is valuable for diverse stakeholders, including:
Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.
Essentially, anyone involved in or considering involvement in the Middle East and Africa Wholesale Voice Carrier Market value chain can benefit from the information contained in a comprehensive market report.
Get Free Sample For Middle East and Africa Wholesale Voice Carrier Market
